Leadership
Amazon cuts more jobs, this time in books division
Published Fri, Jun 6, 2025 · 09:13 AM[SAN FRANCISCO] Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said...
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6).OCBC: The bank has made a S$0.9 billion conditional exit offer at S$30.15...
Great Eastern seeks to delist with new OCBC exit offer of S$30.15 per share
[SINGAPORE] OCBC has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid...
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more hawkish commentary overshadowed a widely expected rate cut.The pan-European Stoxx 600, which was initially in...
Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
[SINGAPORE] The Appellate Division of the High Court has partially allowed an appeal by Goh Jin Hian against having to pay damages for breaching his duty of care as...
Latest Singapore six-month T-bill cut-off yield sinks to 2.05%
[SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) dropped to 2.05 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday...
Citi to cut 3,500 tech jobs in China in global revamp
[HONG KONG] Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5), as it...
Amazon’s delivery, logistics get an AI boost
[SUNNYVALE, California] Amazon wants customers to know that artificial intelligence is not just for writing college essays.In a series of announcements on Wednesday, Amazon demonstrated how stockroom robots, delivery...
